Bitcoin Forum
June 22, 2024, 09:25:35 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: [1] 2 »
1  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN][ICO] 🔵 UTRUST 🔵 The future of online payments is here. on: December 06, 2017, 09:41:40 AM
This worries me...
What/who is your source?
Is there any valid evidence in this regard?
I do not think utrust will do such a thing, they do the job casually and want better results, no hurry, see what will happen in the future, we will go to the moon together

I decided to stay away from the thread for a lot of panic posting and insecurity is doing a man's head in. Not to mention questions remained unanswered anyway. My kind suggestion to you and to whoever it may concern is to ignore those type of messages. Perhaps even ignore the thread. As soon as the stuff hits your retina it imposes mostly negative vibes for no reason. I agree with you in that we can only roll along and wait for what the future holds.  At the end of the day we made the choice to trust and invest in the project which can only have a bad or a good ending. All what's in between including >90% of the content of what's posted here has zero relevance.

Although the idea is brilliant I'm still of the opinion the UTRUST team seems to have a mountain range of learning ahead of themselves. But I have faith and will support until there is not a shred of doubt left to conclude it was all a mirage. I think we are pretty far from that point.

So stick with it, and for the sake of god relax Smiley


very sad this KYC verification

Is it? FYI:
https://medium.com/@UTRUST/a-primer-on-the-importance-of-kyc-b0d2d618f533
2  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN][ICO] 🔵 UTRUST 🔵 The future of online payments is here. on: November 15, 2017, 09:07:22 PM
There is a lot of FUD going on for this project!
I really believe in this project and think it will have a great future!


Do you honestly think so? The amount of FUD completely pales in comparison to the shilling.
I really believe in this project and think it will have a great future too!  Grin
3  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN][ICO] 🔵 UTRUST 🔵 The future of online payments is here. on: November 14, 2017, 05:57:25 PM
I'm still a believer that the doubts could be addressed. It's amazing how the thread is quiet until that post resurfaces then all the shill monkeys come out and dilute it. Where are the community admins and why are they ignoring those concerns??

You took the words right out of my mouth.

Is anyone who shares these concerns registered on Telegram or Twitter to ask for clarification there?
4  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN][ICO] 🔵 UTRUST 🔵 The future of online payments is here. on: November 14, 2017, 09:26:16 AM
Yes we are very close to the hard cap, I think it’s even possible that the hard cap be reached in the last days of the ico. Utrust is already a big sucess, an incredible project, I think the value can go very high in the next mounth.
I agree, it will be a pleasant Christmas surprise for investors when the price of UTRUST token will grows tenfold! I think this coin will be listing to solid exchange, and the project will be successful
And why the project will grow in 10x? When will it be? I'm interested in your version, I would sell coins and 3x.

Most of these type of remarks are nothing but shilling:
https://www.urbandictionary.com/define.php?term=shill

It took me a while to figure out what is going on and wouldn't be surprised it accounts for half the thread's page count. Astounding really. Once you're aware of it differentiating between useful content and filler is easy.

5  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN][ICO] 🔵 UTRUST 🔵 The future of online payments is here. on: November 13, 2017, 01:22:58 PM
Why is the director of UTRUST Switzerland AG, Marc Philipp Brühwiler [1], who apparently was involved in a financial scam in 2004 [2] not listed on your web site? What is his relation to your team?
Sadly my questions in the Telegram group remained unanswered and I was instructed to contact Marc personally for further information.

1: https://www.moneyhouse.ch/en/company/utrust-switzerland-ag-12191824201
2: https://www.beobachter.ch/finanzen/vermogensverwaltung-kapitalfehler-inbegriffen

Oh wow, so the subsidiary collecting $20m right now is run by a well-known scammer who let $300,000 disappear magically ten years ago.
I'm preparing for a loss here. Good I didn't dump too much on this because of the high presale bonus.

A little worried nobody has answered this yet but I'm sure there's a legitimate answer. However, I still feel confident with my investment. Also pretty glad that error fixed up pretty quickly, definitely won't obsessively check my balance as much as I have been lol.

I also would like to know what this means ...

The first link doesn't open anymore, probably too much activity. Where did the information of the involvement of Marc Philipp Brühwiler in UTRUST came from?

The info there states that Marc Philipp Brühwiler is the single member in the Board of Directors of UTRUST Switzerland AG.


On that website from the entry SOGC notifications, in German:
https://www.moneyhouse.ch/en/company/utrust-switzerland-ag-12191824201/messages#scr-300

SOGC 212/2017 - 01.11.2017
Categories: New registrations, Personal changes
Publication number: 3843265, Commercial Registry Office Zug (170)

UTRUST Switzerland AG(UTRUST Switzerland Ltd.), in Zug, CHE-306.711.992, c/o eMBe Finanz GmbH , Bahnhofstrasse 20, 6300 Zug, Aktiengesellschaft (Neueintragung).

Statutendatum:
24.10.2017.

Zweck:
Erarbeitung eines Konzepts und Business Modells, eines Geschäfts- und eines Implementierungsplanes für den Einsatz moderner Computertechnologien, insbesondere auf der Basis der Distributed Ledger-Technologie, zum Betrieb eines Zahlungssystems mit Tokens als Zahlungsmittel;
vollständige Zweckumschreibung gemäss Statuten.

Aktienkapital:
CHF 100'000.00.

Liberierung Aktienkapital:
CHF 50'000.00.

Aktien:
100'000 vinkulierte Namenaktien zu CHF 1.00.

Publikationsorgan:
SHAB. Die Mitteilungen an die Aktionäre erfolgen per Brief, E-Mail oder Telefax an die im Aktienbuch verzeichneten Adressen.

Vinkulierung:
Die Übertragbarkeit der Namenaktien ist nach Massgabe der Statuten beschränkt. Mit Erklärung vom 24.10.2017 wurde auf die eingeschränkte Revision verzichtet.

Eingetragene Personen:
Brühwiler, Marc, von Fischingen, in Baar, Mitglied des Verwaltungsrates, mit Einzelunterschrift.
6  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN][ICO] 🔵 UTRUST 🔵 The future of online payments is here. on: November 13, 2017, 09:51:31 AM
there so much competitor that have same idea, so, what makes utrust different than the others and why we must choose utrust than the others?

Please name some of these competitors. To me UTRUST's main attractor is the low-cost buyer/seller protection.


Why is the director of UTRUST Switzerland AG, Marc Philipp Brühwiler [1], who apparently was involved in a financial scam in 2004 [2] not listed on your web site? What is his relation to your team?
Sadly my questions in the Telegram group remained unanswered and I was instructed to contact Marc personally for further information.

1: https://www.moneyhouse.ch/en/company/utrust-switzerland-ag-12191824201
2: https://www.beobachter.ch/finanzen/vermogensverwaltung-kapitalfehler-inbegriffen

Oh wow, so the subsidiary collecting $20m right now is run by a well-known scammer who let $300,000 disappear magically ten years ago.
I'm preparing for a loss here. Good I didn't dump too much on this because of the high presale bonus.

A little worried nobody has answered this yet but I'm sure there's a legitimate answer. However, I still feel confident with my investment. Also pretty glad that error fixed up pretty quickly, definitely won't obsessively check my balance as much as I have been lol.

The community manager has logged in since then but again favors leaving lights OFF for the more difficult(?) queries. That's the situation we're in. Sort of ironic that in their FAQ is stated: We advocate full transparency, so if you don’t see your questions answered in our FAQ, please write us and we’ll get back to you.

Write us is hotlinked to contact@utrust.io
Fire up your email clients and hope for the best.
7  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN][ICO] 🔵 UTRUST 🔵 The future of online payments is here. on: November 09, 2017, 03:05:37 PM
How the hell can you extend a 7 day ico by 10 days. Give me
a break. Everyone dump this scam coin immediately once it hits the exchange.
Oh sorry guys, we are greedy, and we need 10 more days to raise 4 more million for our lambos.
Really complicated to say at this moment, I do not like such an extension, but despite launching a less positive image about the project, I believe for the potential, work and support made so far, Utrust holds its potential, and for him I'll be waiting. Surprise us with good news as you have done

I agree with belechau and have a feeling UTRUST is more inexperienced than worrisome.
8  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN][ICO] 🔵 UTRUST 🔵 The future of online payments is here. on: November 09, 2017, 01:05:09 PM
So now with their extended ICO they revised their white paper for the millionth time. Amongst the changes this paragraph was added regarding the ICO:

"It was expected to [sic] for the single round to run for a variable period no longer than 7 days or until all tokens were issued, whichever happened first. However, considering recent market developments and the acceptance of new countries in the ICO, the process will run until [DATE]."

That's convenient. Fill in the blank for whatever you see fit. Grin First [DATE] was November 9 I suppose. Now [DATE] is November 20. And tomorrow... lies in the stars.

Oh, and the chart that follows right after still shows a total token pool of 1 billion. Common guys, you are collecting millions of dollars, and you cannot even concentrate on getting your lacking white paper right? It cannot be *that* difficult, and it's not just about writing pompous press releases, especially if you're planning to pioneer the world of cryptocoins in the future.  Undecided

I'm with you. It's good to notice and publicize especially in a climate where so very little criticism is given. On the other hand have faith brother. Cut them some slag.
9  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN][ICO] 🔵 UTRUST 🔵 The future of online payments is here. on: November 09, 2017, 12:56:57 PM
Why am I not surprised.  Huh They keep changing their terms and conditions as they wish, while we, the real "investors" (not their "private investors" nobody here cares about) have absolutely no say in it. Extending the ICO? What is the point of soft- and hard cap targets if you ignore them? What a farce. I am tired of utrust talking about what an "awesome" "community" we are. This is not about being awesome or about being a fanboy. This about people who trusted them with real money in hope that they do something of value. Until now, it's been just talk and wishful thinking, and even then, when people raised critical questions, questions remained unanswered.

For me the important step will how to get rid of my tokens without having to agree on their new terms that I haven't agreed on to begin with.

Isn't it ironic when they say that utrust is not about the ICO, yet literally every single e-mail and press release speaks exclusively of the ICO? Meanwhile, how much did they talk (and show) about their product and development besides spreading thin air?

So they decided to extend the ICO - even though they stated previously with a lot of furor that by having reached the softcap they gained "technical and operational viability" with a "solid foundation to work from".

Good point... I also don't understand what's with all the drama. It's not the first time an ICO got extended.

What drama? The issue is that they keep changing the rules that they have set for themselves and for their investors. This extension was never satisfactorily explained, while according to their own words, the ICO had been a blast and delivered sufficient funds for a successful operation. The way how they keep changing things around with apparent ease is a sign of neglectance, in the best case, and a sign of disregard for their investors in the worst.

Not hard to reach the conclusion Kakumei doens't seem to be bothered with responding to what I see as what must be responded to. Ignoring intentionally or uninentionally is not done. To debunk, refute, clear up and so forth are traits a community manager should show as much as possible, which is not the case. Without condemning you Kakumei and also the ones you answer to it's my advice to review the current approach.

As for me I'm holding on to the big picture while not tripping over UTRUST's learning curve that they still very much face in my opinion. You have my support!
10  Other / Archival / Re: 💥🚀[ANN][ICO] INS ECOSYSTEM - Connecting Consumers and Grocery Manufacturers 🚀 on: November 08, 2017, 04:13:51 PM
I want to participate, how do i buy tokens

Anyone who takes five minutes will know how to participate. Read the project's frontpage and whitepaper please.

11  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN][ICO] 🔵 UTRUST 🔵 The future of online payments is here. on: November 08, 2017, 02:59:08 PM
The amount of noise in here breaks records. Staggering how people refuse to look back even one or two pages.

23 hours left before ICO closes:
https://www.coinschedule.com/icos/e782/utrust-ico.html
12  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN][ICO] 🔵 UTRUST 🔵 The future of online payments is here. on: November 08, 2017, 11:24:46 AM
It can be a stock picture or something like that.

That's not a stock picture, it's a Amazon product and it even has the Amazon name on it. They associate themselves with Amazon. That means they already have a deal with them (and their agreement to display it), or they're doing it anyhow but without Amazon's permission...

It's a vision of the future Wink

I pay attention to such detail as well and depending on the time of day can be a light orange flag. Assuming there is no contract surely UTRUST will recognize the unthoughtfulness.
13  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN][ICO] 🔵 UTRUST 🔵 The future of online payments is here. on: November 08, 2017, 11:16:53 AM
Yes, I’ve read it and I’ve also read the full chat between Nuno and him. Personally, it reads like it is written with a negative agenda as he specifically chose not to disclose a lot of information that Nuno provided him (school, university degree, companies he founded, skype, facebook, …). Instead, he chose to write an article that feels like an attack under the false pretenses.

Good that we're at least seeing a reply. The review looks to me as reasonably fair and balanced so when you say the writer did not disclose a lot of information this is the opportunity to share these details. I happen to have a very strong opinion on that companies should be proactive in transparency. Now you're leaving me and some others guessing which is never a good thing. Far from dreadful but UTRUST can really step up the communication game.




You do realise that our company has 15 engineers, not two, and if two of them signed up for something it doesn't mean this is the company profile we're using. Plus, even if we were using GitHub, the repositories would be private and not open to the public. You don't go to GitHub to lookup the source code of Windows either! Smiley

My apology, but you said that this Github profile was not yours. If one or even two employees of your company create a profile with your company's name, then it stands to reason to assume that this is your profile. Curious to see the new list of your engineers... seems you have expanded, because on your team page I only count 8 engineers.

Quote
  • Simple: You need a permanent resident living in Switzerland to open the company type we chose. Just because there is only one director now, doesn't mean there is only ever going to be one. Our legal, financial arms and place of incorporation are in Switzerland (UTRUST Switzerland AG). Our operational branch (Engineering/UX/...) is in Portugal. More directors will be added in due time.

That doesn't make any sense (I live in Switzerland and I know a bit about how to form a company). Yes, you may choose one trustee or person who is a Swiss resident (yes, even one with a questonable background), but that doesn't explain why nobody of the actual team has been named a director. Why only in "due time"? There is no process involved in adding a director when the company is formed.

Quote
  • First of all, they are not a dept-collecting company. They're a group that offer a variety of services, including debt collecting in some countries and compliance that we are contracting. There are very few KYC companies in the world that are FINMA approved, they are one of them.

Yes, of course they are a debt-collecting company. You can pretty-talk them as much as you want, but anyone in Switzerland knows (either from first-hand experience or from the frequent news coverage) who Intrum Justita is. They may have recently added KYC service, because they licensed IDnow eSign, but they are certainly not the only one offering that service - and it's not Instrum Justita who is FINMA approved, as you say, but it is the IDnow eSign service (https://www.idnow.de/) if at all.

  • We are allowed to change the terms within certain boundaries at any given time, just like every other company in the world. Particularly when it comes to changing regulation, which in our case required us to enforce KYC on all participants, including pre-ICO ones. Naturally, this is not something we want to do as it costs money and is a hurdle/hassle for everybody. However, since we are a fully compliant ICO, we comply to the current law and regulations, and will continue to do so.

Again, what you are saying is untrue. You say yourself, within certain boundaries, but nothing about your changes is within boundaries. These are two completely different terms. In this case, just like every other company, as you say, you would have had to at least offer any pre-ICO token owner the option to return the tokens. For example, you say now that I must not be a politically exposed person (PEP). But what if I am? I cannot agree to your new terms then or I would have to lie. But I do have tokens from the pre-ICO, where you made no such conditions. And I most certainly don't want my personal information to be shared with Instrum Justita - under no circumstance. The terms are so fundamentally different that it makes my head ache and I seriously question whether you're as transparent and professional as you like us to believe. Don't believe me? Compare them yourself:



Also goes for this particular post. Why do you choose to not reply to investigative questioning?
14  Other / Archival / Re: 💥🚀[ANN][ICO] INS ECOSYSTEM - Connecting Consumers and Grocery Manufacturers 🚀 on: November 06, 2017, 10:34:20 AM
Translation Campaign - https://bitcointalk.org/index.php?topic=2255023.0

Apply to join the campaign here: https://docs.google.com/forms/d/e/1FAIpQLSe0-CtvWzPEL_s8MYVCzHXuajsGIJCrIy2PleS_ap7A4T917Q/viewform
Using Google Translate and other online translators is not allowed. Participants using Google Translate will be instantly disqualified.
Applications for the translations to multiple languages will not be accepted.
Participants must fill the form and accepted translator will get confirmation by PM.
We need active participation from translators in their local threads. Bounty will be deducted if thread became dead.



Thank you for helping me better understand the workings of it all.

Who are the persons doing quality control on translations? I would think it is quite a difficult aspect for all projects.
15  Other / Archival / Re: 💥🚀[ANN][ICO] INS ECOSYSTEM - Connecting Consumers and Grocery Manufacturers 🚀 on: November 06, 2017, 08:51:38 AM
INS Dutch thread updated with the 1-pager and Presentation


https://bitcointalk.org/index.php?topic=2278064.msg23110009#msg23110009

With all due respect it needs a bit of revising work. More than a few corrections can be made.

I'm open to help you.
16  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN][ICO] 🔵 UTRUST 🔵 The future of online payments is here. on: November 06, 2017, 08:32:24 AM
Developers of UTRUST want to deceive everyone! Demand your money back.

This type of comment is totally out of place. Being investigative is no ground for accusations.

Awaiting Kakumei's reply to what mrsaint posted.
17  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN][ICO] 🔵 UTRUST 🔵 The future of online payments is here. on: November 03, 2017, 11:34:21 AM
I allready talked with them yesterday and be told to wait a few hours. I had a confirm status of the deposit in my dashboard from the begining.
In the dashboard i have the balance of the tokens but not in myetherwallet.


For what it's worth from the FAQ:


To receive your tokens on your MyEtherwallet.com you need to:

Open your wallet
Find in the bottom right section where you can add a custom token.

The tokens will be redeemable 3 days after the ICO ends.

A guide explaining on how to setup a myetherwallet in order to receive the tokens will be sent to all investors after the end of the ICO.
18  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN][ICO] 🔵 UTRUST 🔵 The future of online payments is here. on: November 03, 2017, 11:19:38 AM
Hi everybody!

After a long night and some technical problems, we are back in the office now and working on fixing the bar and pending transactions this morning.

We are very sorry for the rocky start but will make major improvements today.

Please stay tuned!

Very good to read. Please keep us all more closely informed here on the forum....

Is a large number of pending transactions the reason for not passing 19% or what's the trouble?
19  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN][ICO] 🔵 UTRUST 🔵 The future of online payments is here. on: November 03, 2017, 09:35:33 AM
Anybody have the same trouble as me? I deposited yesterday, and I have 80 confirmations till then, but my status is still pending now.
Did anybody receive the tokens?
Anybody?

I suggest you chat them up. If remembered correctly before my transaction the dashboard said to contact support if it has failed or is pending after a few hours. Mine was accepted immediately.


Thinking out loud, at the current investment speed soft cap is reached in less than 24 hours. With that in mind and six more days to go much more than 50% doesn't seem realistic. Thoughts?

20  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN][ICO] 🔵 UTRUST 🔵 The future of online payments is here. on: October 20, 2017, 10:22:41 AM
All that hype could do with something more real. Unsure if this was already posted?
https://www.verifiedicos.com/ico/utrust

Analysis Flags
1. Heavy paid marketing campaign
Marketing is essential for an ICO to succeed however, in this case, it can attract too much attention and the project can easily become overvalued. This causes a huge spike after the exchange listing only to drop immediately after. This is something that could occur with the excessive promotion on this project.

2. Regulatory compliance is incomplete
Precaution should be taken when investing in a company that has not been officially qualified by the regulatory structures in their country of operation.

Pages: [1] 2 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!